Common use of Provision of the Service requires Clause in Contracts

Provision of the Service requires. (a) the appointment of the Manager by the Investor upon the terms of this Agreement. The nature of the Service is that for each individual Investor, a discretionary investment management mandate, as described in the Brochure, is provided by the Manager for that Investor in accordance with the terms of their Investor Agreement in relation to IEP Apex. An Investor will have their portfolio of Shares in a Portfolio Company acquired and managed for the Investor on a segregated basis by the Manager in accordance with the terms of his or her Investor Agreement; and (b) the appointment of third parties to hold the Investor’s cash and Investments on behalf of the Investor; in respect of which the Manager has entered into certain agreements with the Custodian and the Nominee for the provision of these custodian, nominee, settlement and associated services; and (c) the appointment of a third party to provide the IEP Care Service to the Investor, if available, in accordance with the terms of this Agreement; in respect of which the Manager has entered into an Agreement with the Care Adviser for the provision of the IEP Care Service; and (d) the appointment of a third party to provide the EIDV Services to the Manager; in respect of which the Manager has entered into an agreement with the EIDV Service Provider for the provision of the EIDV Services.

Provision of the Service requires. (a) the appointment of the Manager by the Investor upon the terms of this Agreement. The nature of the Service is that for each individual Investor, a discretionary investment inDvestment management mandate, as described in the Brochure, is provided by the Manager for that Investor in accordance with the terms of their Investor Agreement in relation to IEP ApexPrivate Media. An Investor will have their portfolio of Shares in a Portfolio Company acquired and managed for the Investor on a segregated basis by the Manager in accordance with the terms of his or her their Investor Agreement; and (b) the appointment of third parties to hold the Investor’s cash and Investments on behalf of the Investor; in respect of which the Manager has entered into certain agreements with the Custodian and the Nominee for the provision of these custodian, nominee, settlement and associated services; and (c) the appointment of a third party to provide the IEP Care Service to the Investor, Investor if available, requested by the Investor and if available in accordance with the terms of this Agreement; in respect of which the Manager has entered into an Agreement with the Care Adviser for the provision of the IEP Care Service; and (d) the appointment of a third party to provide the EIDV Services to the Manager; in respect of which the Manager has entered into an agreement with the EIDV Service Provider for the provision of the EIDV Services.